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Australian (ASX) Gold Industry Analysis
UpdatedFeb 17, 2026
DataAggregated Company Financials
Companies151
- 7D1.9%
- 3M26.7%
- 1Y101.4%
- YTDn/a
Over the last 7 days, the Gold industry has risen 6.5%, driven by gains from Northern Star Resources of 2.7%. In the last 12 months, the industry was up 95%. As for the next few years, earnings are expected to grow by 23% per annum.
Industry Valuation and Performance
Has the Australian Gold Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 17 Feb 2026 | AU$180.1b | AU$27.7b | AU$5.2b | 26.2x | 34.3x | 6.5x |
| Thu, 15 Jan 2026 | AU$174.5b | AU$26.4b | AU$4.6b | 28.5x | 38.1x | 6.6x |
| Sat, 13 Dec 2025 | AU$159.2b | AU$26.4b | AU$4.6b | 25.8x | 34.8x | 6x |
| Mon, 10 Nov 2025 | AU$138.7b | AU$26.4b | AU$4.6b | 23.9x | 30.3x | 5.3x |
| Wed, 08 Oct 2025 | AU$149.1b | AU$26.4b | AU$4.6b | 23.5x | 32.6x | 5.7x |
| Fri, 05 Sep 2025 | AU$118.8b | AU$26.8b | AU$4.9b | 18.7x | 24.5x | 4.4x |
| Sun, 03 Aug 2025 | AU$91.6b | AU$22.4b | AU$3.2b | 15.8x | 28.7x | 4.1x |
| Tue, 01 Jul 2025 | AU$102.0b | AU$22.4b | AU$3.1b | 16.4x | 32.8x | 4.6x |
| Thu, 29 May 2025 | AU$104.8b | AU$22.4b | AU$3.1b | 18.2x | 33.9x | 4.7x |
| Sat, 26 Apr 2025 | AU$93.6b | AU$22.2b | AU$3.0b | 19.4x | 31x | 4.2x |
| Mon, 24 Mar 2025 | AU$83.8b | AU$22.2b | AU$3.0b | 17.8x | 27.6x | 3.8x |
| Wed, 19 Feb 2025 | AU$78.0b | AU$20.1b | AU$2.4b | 20.5x | 32.9x | 3.9x |
| Fri, 17 Jan 2025 | AU$75.7b | AU$18.7b | AU$1.8b | 20.4x | 41.4x | 4.1x |
| Sun, 15 Dec 2024 | AU$74.6b | AU$18.6b | AU$1.8b | 22.1x | 41.2x | 4x |
| Tue, 12 Nov 2024 | AU$72.3b | AU$18.4b | AU$1.8b | 19.6x | 40.2x | 3.9x |
| Thu, 10 Oct 2024 | AU$67.3b | AU$18.4b | AU$1.8b | 20.1x | 37.6x | 3.7x |
| Sat, 07 Sep 2024 | AU$62.7b | AU$18.2b | AU$1.7b | 20.8x | 37.8x | 3.4x |
| Mon, 05 Aug 2024 | AU$61.6b | AU$16.1b | AU$1.1b | 23.3x | 55.6x | 3.8x |
| Wed, 03 Jul 2024 | AU$55.6b | AU$16.1b | AU$1.1b | 21x | 51.5x | 3.5x |
| Fri, 31 May 2024 | AU$58.1b | AU$17.1b | AU$1.2b | 20.8x | 49x | 3.4x |
| Sun, 28 Apr 2024 | AU$59.0b | AU$17.2b | AU$1.2b | 22.1x | 49.4x | 3.4x |
| Tue, 26 Mar 2024 | AU$52.8b | AU$16.9b | AU$1.2b | 17.5x | 42.9x | 3.1x |
| Thu, 22 Feb 2024 | AU$48.3b | AU$15.6b | AU$708.2m | 18.9x | 68.2x | 3.1x |
| Sat, 20 Jan 2024 | AU$71.2b | AU$22.9b | AU$1.3b | 22.6x | 52.9x | 3.1x |
| Mon, 18 Dec 2023 | AU$75.4b | AU$22.9b | AU$1.3b | 24.6x | 56x | 3.3x |
| Wed, 15 Nov 2023 | AU$69.6b | AU$22.9b | AU$1.4b | 21.4x | 51.4x | 3x |
| Fri, 13 Oct 2023 | AU$69.9b | AU$23.0b | AU$1.4b | 21.5x | 51.6x | 3x |
| Sun, 10 Sep 2023 | AU$68.5b | AU$22.9b | AU$1.4b | 18.8x | 48.6x | 3x |
| Tue, 08 Aug 2023 | AU$68.8b | AU$22.4b | AU$569.5m | 17.9x | 120.9x | 3.1x |
| Thu, 06 Jul 2023 | AU$71.8b | AU$22.3b | AU$558.6m | 17.2x | 128.6x | 3.2x |
| Sat, 03 Jun 2023 | AU$73.2b | AU$22.4b | AU$586.8m | 18x | 124.7x | 3.3x |
| Mon, 01 May 2023 | AU$75.8b | AU$22.4b | AU$585.2m | 19.3x | 129.5x | 3.4x |
| Wed, 29 Mar 2023 | AU$67.7b | AU$22.3b | AU$576.3m | 15.3x | 117.6x | 3x |
| Fri, 24 Feb 2023 | AU$61.0b | AU$21.9b | AU$459.6m | 18.1x | 132.8x | 2.8x |
Price to Earnings Ratio
132.8x
Current Industry PE
- Investors are pessimistic on the Australian Gold industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 34.0x which is lower than its 3-year average PE of 61.9x.
- The 3-year average PS ratio of 3.9x is lower than the industry's current PS ratio of 6.4x.
Past Earnings Growth
- The earnings for companies in the Gold industry have grown 121% per year over the last three years.
- Revenues for these companies have grown 8.2% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Australian Gold compare with similar industries?
| AU Market | 0.42% | |
| Materials | 0.44% | |
| Metals and Mining | 0.32% | |
| Gold | 1.88% | |
| Diversified Metals and Mining | 1.37% | |
| Aluminum | 0.91% | |
| Copper | -2.16% | |
| Steel | -6.17% | |
| Precious Metals and Minerals | -8.24% | |
| Silver | -8.47% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NST Northern Star Resources | AU$28.46 | 2.7% +AU$1.1b | 58.9% | PE26.3x | |
| GMD Genesis Minerals | AU$7.38 | 7.4% +AU$582.6m | 131.3% | PE38.1x | |
| EVN Evolution Mining | AU$15.19 | 1.4% +AU$426.4m | 144.6% | PE23.2x | |
| ALK Alkane Resources | AU$1.76 | 17.0% +AU$348.4m | 174.2% | PE28.3x | |
| OBM Ora Banda Mining | AU$1.31 | 9.6% +AU$221.4m | 35.8% | PE13.5x |
